Grand Victorian Boarding
2110 1st Ave S Minneapolis, MN 55404
For Sale
$699,900
Victorian boarding house with an active rental license, 18 single rooms, and large parking for up to 15 cars.
Days on Market53
Property Features for 2110 1st Ave S
General Information
- Standard status
- Active
Listing Agency:
Coldwell Banker Realty - Southwest Regional
(612) 229-7926
Listed By:
Ryan Quade
(612) 229-7926
Source:
Exprealty
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 23 at 9:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Southwest Regional
Investment Insights
Based on property information with market context.
A grand Victorian boarding house with an active rental license offers 18 single rooms, including an owner’s suite with two bedrooms. The property is currently operating with 5 rooms rented at $500 per month. The rental license allows up to 17 rooms, with current approval for 16 rooms. The owner’s suite is described as spacious and includes a full kitchen and a private bathroom.
The building includes a total of 13 bathrooms, with many bathrooms noted as capped. The information provided states that one bathroom per floor is currently operational. Site amenities include a large parking lot that can accommodate up to 15 cars, plus a spacious 3-car garage and an additional carriage house. The roof was installed in 2021, and the exterior was painted in 2021.
This configuration can suit buyers and operators seeking a property that supports room-by-room occupancy under an active license, with an owner-occupant option through the two-bedroom suite. There is also described flexibility for a possible ADU in the basement and above the garage, and the current room and bathroom layout suggests an opportunity for buyers to align operations with the license capacity. Parking and on-site structures support practical day-to-day operations for a boarding setup.
The building includes a total of 13 bathrooms, with many bathrooms noted as capped. The information provided states that one bathroom per floor is currently operational. Site amenities include a large parking lot that can accommodate up to 15 cars, plus a spacious 3-car garage and an additional carriage house. The roof was installed in 2021, and the exterior was painted in 2021.
This configuration can suit buyers and operators seeking a property that supports room-by-room occupancy under an active license, with an owner-occupant option through the two-bedroom suite. There is also described flexibility for a possible ADU in the basement and above the garage, and the current room and bathroom layout suggests an opportunity for buyers to align operations with the license capacity. Parking and on-site structures support practical day-to-day operations for a boarding setup.
Key Highlights
- Grand Victorian boarding house with an active rental license offering 18 single rooms plus an owners' suite
- Currently 5 rooms rented at $500/month; license details indicate up to 17 rooms allowed to be rented, with approval for 16
- Owners' suite includes 2 bedrooms with a full kitchen and private bathroom
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FAQs
What type of property is this?
Apartment building - Victorian boarding house with an active rental license, 18 single rooms, and large parking for up to 15 cars.
Where is this apartment building located?
The property is located at 2110 1st Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Grand Victorian boarding house with an active rental license offering 18 single rooms plus an owners' suite; Currently 5 rooms rented at $500/month; license details indicate up to 17 rooms allowed to be rented, with approval for 16; Owners' suite includes 2 bedrooms with a full kitchen and private bathroom